1-bed · 1,077 sqftFive Palm Jumeirah, Palm Jumeirah · 15th floor · completed 2016

41508, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 41508 · DLD and Ejari recordsUpdated 8 March 2020
Last soldAED 2.75M25 June 2014
Current rentAED 140K /yr8 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 41508, Five Palm Jumeirah

What is 41508 worth today?

Last sold for AED 2,745,304 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Mar 2020RentedNew contract
AED 140,000/yr12 months · AED 130 per sqft
1 Jan 2019RentedNew contract
AED 160,000/yr12 months · AED 149 per sqft
15 May 2018RentedRenewal
AED 153,000/yr12 months · AED 142 per sqft
15 May 2017RentedNew contract
AED 170,000/yr12 months · AED 158 per sqft
25 Jun 2014SoldOff-plan
AED 2,745,304AED 2,548 per sqft
24 Sep 2013Sold by developerOff-plan
AED 2,408,162AED 2,235 per sqft

Source: Dubai Land Department. Updated 8 March 2020.

Key facts

Type
1-bed apartment
Size
1,077 sqft
Floor
15th of 16
Parking
B2-441
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 2.75M · June 2014

About 41508, Five Palm Jumeirah

41508 is a one-bedroom apartment of 1,077 sqft on the 15th floor of Five Palm Jumeirah, a 16-storey tower in Palm Jumeirah completed in 2016 by SKAI Zaya Real Estate Development. It last sold on 25 June 2014 for AED 2,745,304, or AED 2,548 per sqft, 10% below the AED 2,838 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 8 March 2020, is AED 140,000 a year: a gross yield of 5.1% on the 2014 price.

Sales and rents for 41508 over time

Sales
Unit 41508, each saleTypical one-bed in Five Palm Jumeirah
2M4M2013201720212025Typical sale price by year: 2013 AED 2,825,258; 2014 AED 2,774,705; 2015 AED 4,729,477; 2016 AED 3,206,664; 2017 AED 2,807,500; 2018 AED 2,400,000; 2019 AED 2,606,653; 2020 AED 2,000,000; 2021 AED 2,400,000; 2022 AED 3,050,000; 2023 AED 3,100,000; 2024 AED 2,914,456; 2025 AED 3,600,000Sold by developer, September 2013: AED 2,408,162 (AED 2,235 per sqft)Sold, June 2014: AED 2,745,304 (AED 2,548 per sqft)

41508 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 41508, each contractTypical one-bed in Five Palm Jumeirah
200K400K2017202020232026Typical rent by year: 2017 AED 170,000; 2018 AED 160,000; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 150,000; 2022 AED 162,500; 2023 AED 250,000; 2024 AED 363,750; 2025 AED 230,000; 2026 AED 210,000New contract, May 2017: AED 170,000 a yearRenewal, May 2018: AED 153,000 a yearNew contract, January 2019: AED 160,000 a yearNew contract, March 2020: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Five Palm Jumeirah, and where 41508 sits

All 141 1-beds →

41508 last sold in June 2014 at AED 2,548 per sqft, 10% below what one-beds in Five Palm Jumeirah were fetching at the time (AED 2,838). Over the last 12 months one-beds sold for AED 3,100,000 to 3,600,000, around AED 2,756 per sqft, and rent for AED 170,000 to 260,000 a year. 41508's AED 140,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20263,600,000
17 Apr 20263,100,000
24 Oct 20253,700,000
24 Jun 20254,000,000
2 1-bed sales in the last 12 months

Five Palm Jumeirah

Building

699 apartments, studios to 5-bed over 16 floors in Palm Jumeirah, completed in 2016 by SKAI Zaya Real Estate Development. 18 sold in the last 12 months.

Typical price per sqft
AED 2,549 Down 10.6%
Typical sale
AED 5.03M
Typical rent
AED 315K /yr
Typical yield
7.3%
Five Palm Jumeirah, Palm Jumeirah: prices, sales and rents →

Other units on the 15th floor

All 699 units in Five Palm Jumeirah
Value
115011-bedAED 4.92M · Nov 2015
115021-bedAED 3.18M · Mar 2017
11503StudioAED 1.73M · Jul 2013
11504StudioAED 1.75M · Dec 2022
115051-bedAED 2.86M · Aug 2013
115061-bedAED 4M · Feb 2025
115072-bedAED 5.85M · Oct 2013
1–7 of 25

41508, Five Palm Jumeirah in numbers

  • Sold twice: first on 24 September 2013 for AED 2,408,162, last on 25 June 2014 for AED 2,745,304 (AED 2,548 per sqft).
  • Rented since May 2017 on 4 Ejari contracts, from AED 170,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2014 price is 5.1%.
  • One-beds in Five Palm Jumeirah sold for AED 3,100,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,549 per sqft.

Source: Dubai Land Department. Updated 8 March 2020.

Questions about 41508, Five Palm Jumeirah

What did unit 41508 last sell for?

AED 2,745,304 on 25 June 2014: AED 2,548 per sqft for 1,077 sqft. The unit has 2 registered sales; the first was AED 2,408,162 in September 2013.

What is the rent for unit 41508?

AED 140,000 a year on the contract signed on 8 March 2020. The previous contract, from January 2019, was AED 160,000; the unit has been rented since May 2017.

How big is unit 41508?

1,077 sqft (100.1 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2016.

What is unit 41508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Five Palm Jumeirah sold for AED 3,100,000 to 3,600,000 in the last 12 months, around AED 2,756 per sqft.

Selling 41508? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 41508, Five Palm Jumeirah

Starts from the last sale price (AED 2.75M, 25 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,745,304
Deposit, UAE resident (20%)
AED 549,061
Deposit, non-resident (40%)
AED 1,098,122
Monthly over 25 years at 3.7%
AED 11,232

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →